CXMT’s blockbuster Shanghai debut has put it in the spotlight, but analysts say closing the technology gap in advanced memory chips, not investor enthusiasm, will determine whether it can challenge the global market leaders.

The Chinese memory maker’s nearly 466% surge in its Monday market debut has fueled optimism that Beijing’s years-long push to build a self-sufficient semiconductor industry is beginning to pay off.

Read more: http://cnb.cx/3TtvjI8

CXMT’s blockbuster Shanghai debut has put it in the spotlight, but analysts say closing the technology gap in advanced memory chips, not investor enthusiasm, will determine whether it can challenge the global market leaders.

The Chinese memory maker’s nearly 466% surge in its Monday market debut has fueled optimism that Beijing’s years-long push to build a self-sufficient semiconductor industry is beginning to pay off.

Read more: http://cnb.cx/3TtvjI8

Source:https://twitter.com/cnbc/status/2083085286263677051